All kinds of things are happening behind the scenes with Blockchain, just look past the FUD. The only real current issue is Tether, otherwise... Multiple large scale companies are inquiring/implementing blockchain tech, Banks are making quick moves and gathering patents, Governments are getting behind it and implementing into cities infrastructure (Toronto for example)
The markets reflect the majority involved in the space... fearful, misinformed, weak handed investors who only see the money, not the tech.
Everyone is getting on board and showing interest, yet the masses keep letting FUD get the better of them. Stop pulling money out, ride it out, invest MORE! The market should be well on its way to recovery, not continually spiraling downward. We are currently our own demise.
So... get informed, invest in the tech and don’t just chase the dollar figure, HODL
Of course HODL is better than selling into fiat money. Some of the cryptos will rise again but most of them will disappear quite soon.
Some may disappear, yes. But that was happening anyway, not all coins will have longevity as many don’t offer anything new to the space. That being said, many more come daily. Many will rise, even more will fall!
All in all though, the current state of the market (IMO) is our own doing as there is MUCH more positive events taking place then negative as well as the beginning of adoption.
The market should be rising, yet all the “weak hands” are making it fall
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